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An interesting phenomenon is happening vis a vis the art market. Very rich tech buyers are catapulting the value of artists (and, I guess, AI collectives) that
by ForrestN 8y ago
An interesting phenomenon is happening vis a vis the art market. Very rich tech buyers are catapulting the value of artists (and, I guess, AI collectives) that aren't really participating much in the "contemporary art" discourse. I look at current art shows all day every day from all over the world and have never heard anything about these people. It's the same with the various "crypto artists."
For $400k you could buy a dozen works by some really influential artists. But there's a big pool of money willing to buy work made by some 25 year olds that is totally disconnected from any broader cultural apparatus related to art. I'm fascinated, and wonder how the art world will respond. Clearly there is money to be made.